The trigger for the action is understood to be the huge spike being registered in the value of bitcoins and other virtual currencies in the recent past.
"The government feels the industry needs some government oversight and can't be left unregulated. A panel of bureaucrats will soon submit their recommendations on the subject," said an official.
'The childhood urge to amass wealth may account for one's inexplicable urge to stockpile change, for there is nothing more gratifying than to lift a box heavy with one's treasure, more satisfying somehow than all the zeroes the Kochhars, Modis and Mallyas appear to have allegedly scammed our banks over,' says Kishore Singh.
AP Moller-Maersk, one of the affected entities globally, operates the Gateway Terminals India at JNPT.
Morey's tweet of support for pro-democracy protests in Hong Kong prompted Chinese sponsors and partners to cut ties with the league and forced the National Basketball Association (NBA) to answer difficult questions about free speech.
In essence, follow the private-equity approach to personal investing and treat each investment decision as if it is a matter of life-or-death, because it is, suggests Avinash Luthria.
'For the BJP to lose this virtual pocket borough of the saffron brotherhood demonstrates how resolutely the people of Gorakhpur have turned against the party,' says Amulya Ganguli.
India continues to rank as the third top source of overall malicious activity including spam, malware, phishing hosts and bots
The resignation is sure to create more political firestorms for the government as it comes on the eve of the winter session of Parliament where the Opposition has already made it clear to the treasury benches that infringing on the RBI autonomy would be a big talking point for them.
Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.
Rajesh Bhayani highlights all that you need to know about the online currency.
Digital extortion, in which hackers lock out all your data and seek ransom, is a real threat today, says Veenu Sandhu.
In an era when the misguided youth of today are trying to build political careers by subscribing to divisive ideologies, they need to look to independent thinking icons such as Acharya Kripalani, says Mohammad Sajjad.
The author meets the brains behind Unocoin, the first Indian Bitcoin exchange and merchant processor in India to have raised international funding.
Central bank raises red flag, warns of potential risk
The government's decision to stop surge pricing by app-based taxi companies Uber and Ola ignores the basic principles of economics to appease a vocal section of the vote bank.
'If anyone is able to understand the importance of Modi's endeavours to revive the economy -- even against opposition from sections of his own saffron brotherhood -- it is the former prime minister,' says Amulya Ganguli.
With thousands of people receiving ransom messages from cybercriminals every day, Devangshu Dutta explains how you can defeat the hackers.
'If such is the ambition to effect change, India is a platform where an innovation can be tested on a scale unavailable in most places. To take the simplest example, where else are hundreds of millions in one country waiting for Internet access, for better broadband, for 4G roll out -- millions of them in each of these categories -- of the ascending scale?'
Internet users in India is attracting cyber criminals, as these are first-timers, who can be duped easily
'The Panchsheel Agreement is unique in the annals of international relations as it stands out as a bizarre illustration of a prime minister trading his country's crucial national interests solely to buffer his personal international image,' feels R N Ravi.
